Intel reported its strongest quarterly profits in three years Thursday and said the market for its semiconductors is growing, boosting investors’ enthusiasm for the beleaguered chipmaker. “Current demand is outpacing supply,

Intel posted profits in the latest quarter as the one-time America technology icon struggles to regain market share

Intel forecast current-quarter revenue between US$12.8 billion and US$13.8 billion, compared with analysts’ estimates of US$13.37 billion.

"Current demand is outpacing supply, a trend we expect will persist into 2026," Dave Zinsner, Intel's chief financial officer, says.

Today’s results broke a streak of sixth successive quarterly losses for Intel, and investors were clearly delighted with the company’s efforts. In the late-trade session, the company’s stock rose more than 7%, adding to a 4% gain earlier in the day.

Intel announced a brand-new AI GPU on Tuesday at the 2025 OCP Global Summit. Unlike its previous efforts, Intel's upcoming GPU will be solely focused on AI inference.

The chipmaker reported sales growth in its core product line of PC processors and shrinking costs. The stock rallied 9% afterhours. ↗️ [**Ford Mot

Wright State University’s Raj Soin College of Business has partnered with Intel Corporation to integrate advanced artificial intelligence training into its curriculum. A spokesperson with the university said this collaboration makes Wright State the second four-year public institution in the country to join Intel’s Digital Readiness Program.

Intel is back to being a profitable company. Shares of the embattled chipmaker surged in extended trading Thursday, after the company swung to a profit that blew past analysts' estimates. Intel posted adjusted earnings of 23 cents per share for the third quarter,